InteliCoat Technologies Acquires Museo Digital Printmaking Papers from
Crane & Co.
Digital Imaging Leader to Expand its Fine Art and Photo Portfolio |
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InteliCoat Technologies Press Release |
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InteliCoat Technologies (“InteliCoat”),
a world leader in the manufacture of coated
paper, film, and specialty substrates for digital imaging
technologies, announced the acquisition of Museo Digital Printmaking
Papers from Crane & Co., the premier U.S. maker
of fine papers for social and business correspondence. The acquisition
of the Museo family of digital fine art papers
solidifies InteliCoat’s commitment to building upon its leadership in
the digital fine art and photo industry.
InteliCoat is an affiliate of Sun Capital Partners, Inc., a leading
private investment
firm specializing in leveraged buyouts and investments in
market-leading companies. Terms of the
acquisition were not disclosed.
Targeted toward professional, semi-professional, and prosumer
photographers and artists who produce digital
originals or reproductions using ink jet technology, Museo provides
world-class image quality manufactured to
archival standards (Library of Congress, ISO) with all products being
100% cotton, internally buffered, and
containing no optical brighteners.
"InteliCoat has earned a reputation for
producing innovative, highly productive digital imaging products,
including the market-leading Magic brand of wide format ink jet media
and Magiclée® brand of digital fine art and photo papers,"
- said Joe Lupone, President and CEO, InteliCoat Technologies.
"By partnering with Crane, now in its
seventh generation of manufacturing the finest cotton paper,
InteliCoat can bring together the strengths and expertise that exist
within both organizations to continue to deliver a diverse range of
media alternatives, which meet the needs of the most discriminating
artists."
The acquisition is the latest development in InteliCoat’s strategy of
focusing on its core competencies with respect
to the global product development, manufacturing, and marketing of
digital imaging media. The addition of the
Museo line highlights InteliCoat’s commitment to expanding its
investment in new product development and
better servicing its customer base in the rapidly growing digital fine
art and photo market. The acquisition will
benefit Museo customers by combining the best technologies and
practices of the two organizations, as well as delivering
enhanced manufacturing, converting and
distribution efficiencies.
InteliCoat and Crane & Co. are implementing a comprehensive transition
strategy to ensure the
uninterrupted availability of products and services to the customer
bases of each company. |
| source:
http://www.intelicoat.com/whats-new-latest-detail.asp?nw=35
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| For further
information: |
www.intelicoat.com,
www.magicinkjet.com
www.crane.com/museo
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| Tibor Gere, Digit
Bt., Tel. +36 1 2245456 * info@digit.hu
* www.digit.hu * |
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